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Current Attempt in Progress On December 1,2025, Cullumber Distributing Company had the following account balances. During December, the company completed the following summary transactions. Dec. 6 Paid $1,600 for salaries due employees, of which $600 is for December and $1,000 is for November salaries payable. 8 Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $5,500. The cost of the merchandise sold was $3,600. 13 Purchased merchandise on account from Hecht Co. $6,400, terms 2/10,n/30. 15 Purchased supplies for cash $2,000. 18 Sold merchandise on account $9,600, terms 3/10,n/30. The cost of the merchandise sold was $6,300. 20 Paid salaries $1,200. 23 Paid Hecht Co, in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. Enter the December 1 balances in the ledger T-accounts and post the December transactions. (Post entries in the order of journal entries presented in the previous part.) Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings Sales Revenue Sales Discounts